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Excavo

Sensorium (SENSO/USDT)SENSO broke through the resistance line of the falling wedge. It moves in an upstream channel. The next target is near the previous high and 61.80% Fibonacci level. The second is the resistance line of the channel. SENSO is an ERC-20 token used as the in-platform currency of Sensorium Galaxy — the social VR platform: - Funded ~ $100+ mln as of 2020; - Founded by Forbes-listed billionaire Mikhail Prokhorov; - Exclusive partner of music streaming service Tidal owned by JAY-Z, Lil Wayne, Rihanna, Calvin Harris, Daft Punk, and Chris Martin; - Sensorium runs a joint program with Epic Games; - Support of world-famous artists and producers like Yann Pissenem (creator of the world’s #1 and #3 nightclubs Ibiza Ushuaia and Hi Ibiza); - Public release expected H1 2021; - SENSO is traded on Bittrex, KuCoin, and Bitcoin.com, HitBTC. Latest News and Fundamental Analysis: 1. Jay-Z's Tidal bought $7 million worth of SENSO tokens 2. Sensorium launched an accelerator with Epic Games (Sep 10) 3. Listing on Bittrex Best regards EXCAVO
Long
by EXCAVO
3
Bitcoin. Who and Why created it?The 21st-century phenomenon is the private digital currencies, it is one of the varieties of alternative money. For the last century, banks have defended their monopoly on the money issue, which is fixed in the laws of countries. When private digital currencies such as Bitcoin emerged, banks came back swinging hard. Initially, they said that it was not legitimate, it was necessary to close it, but it was difficult to halt the process of cryptocurrencies popularization. It is the peer-to-peer closed networks, the participants interact with each other horizontally. No administrative structure, regulation, or supervision. The authorities can't handle with digital currencies, so it is better to legalize and try to get it out of the darknet. This is a very long legalization process. Government authorities create their own digital currencies in order not to lose financial control over people. Bitcoin networks are visible, it is not difficult to identify the participant who transfers BTC. In 2013-14 there was a large Silk Road was an online black market and the first modern darknet market, best known as a platform for selling illegal drugs. American state structures tracked them. What's this for? Their one version - Bitcoin is an ideal tool for financing terrorism, the shadow-black business. In my opinion, it is the unconvincing argument, cash is a more efficient element of securing such transactions. Digital currencies are a tool to undermine traditional banking systems. Best regards EXCAVO
BITSTAMP:BTCUSD
by EXCAVO
79
9.9.2020 - Cardano (ADA / USD)Hi Traders! Today we look at the popular cryptocurrency Cardano in the analysis. First, however, we would comment on the last analysis of Bitcoin, where we predicted the September declines and this analysis turned out absolutely perfectly! But let's move to Cardano. This coin did not pass the September fall either. ADA has already written off about 48% of its HIGH. We see values between USD 0.0769 - 0.0902 as very strong support. This is a zone where it would be wise to buy this coin. First of all, we have increased volumes and structure there. Secondly, the original trendline also affects us there. When we take a look at the RSI indicator, we still have space to fall into the extreme zone. From the RSI point of view, overcoming the upward trendline will be absolutely key. In addition, the MA200, which is also approaching us very slowly will act as support. May the crypto be with you!
BINANCE:ADAUSD
by DolleroTechnology
13 Recommendations for Traders1. You should not expect that the loss-making trades will ultimately lead to a reversal and profit. You should not build up a position on it, proving to yourself that you are right. The best solution would be to exit the position and accept your losses, as they are inevitable in stock trading. 2. Stop loss and take profit should be based on the market situation, not financial opportunities. If you need to set a stop longer than your deposit allows, the trade should be canceled. 3. Entry and exit points should be objectively justified. 4. Do not enter the market during the high volatility period - the pursuit of the large profits does not always end as a trader would like to. 5. Not all bear market strategies are bullish. 6. A canceled buy signal may be a sell signal as well as vice versa. 7. It is always easier to lose money than to make money on trading. 8. If the response to the news does not instantaneously appear on the market, perhaps it will follow in the future and will have more serious consequences. 9. To increase the likelihood of a successful trade, it is necessary to enter it with a little delay and exit it without waiting for the change in the profitable movement. 10. When a crowd enters into a trade it is time to exit. 11. If you have a feeling of anxiety you should close the trade and continue trading keeping a cool head. 12. Success is a prosperous series, not a single trade. 13. If the series of losing trades are going on, it is worth to take a break. This will allow you to gather your thoughts and, possibly, turn the tide. Best regards EXCAVO
Education
by EXCAVO
20
DeFi Composite Index Futures By BinanceThe Decentralized Finance (DeFi) sector has grown exponentially in the last few months, with more than $6 billion in assets locked in the DeFi ecosystem. The DeFi Index Futures is Binance’s first composite index product, allowing you to track and participate in the fast-growing DeFi market. The index is built using a weighted average methodology, which considers variations reflecting conditions across market capitalization and volume. What are its constituents? The index comprises of the following DeFi protocols Weightage of components as of 26 August 2020: $BAND, Band Protocol - 7.84% $COMP, Compound - 4.03% $KAVA, Kava.io - 7,22% $KNC, Kyber Network - 6.09% $LEND, Aave - 11.25% $LINK, Chainlink - 28.42% $MKR, Maker - 7.76% $SNX, Synthetic Network Token - -8.05% $SXP, Swipe - 9.48% $ZRX, 0x - 9.86% The initial value of the DeFi index is set to 1000. Since Q2 2020, the Decentralized Finance (DeFi) sector has been one of the key drivers of growth in the cryptocurrency industry. This interesting and exciting segment of cryptocurrencies aims to make financial services permissionless, decentralized, and peer-to-peer. Doing your own research and understanding the products you trade is crucial before diving into crypto-derivatives. More info about this index: www.binance.com We will continue to talk about DeFi Best regards EXCAVO
Long
by EXCAVO
4
What is DeFi?What is DeFi? DeFi - What in the world is Decentralized Finance? The Most Comprehensive Guide DeFi is short for Decentralized Finance. Decentralized Finance includes digital assets, protocols, smart contracts, and dApps built on a blockchain. Given the flexibility and amount of development, the Ethereum platform is the primary choice for the DeFi application, but that doesn’t mean it’s the only blockchain platform. Think of DeFi as an open financial ecosystem where you can build various small financial tools and services in a decentralized manner. Since these are applications built on a particular blockchain, they can be combined, modified, and integrated according to your needs. Just like a lego! What is DeFi Offering? DeFi is offering you control of your own assets. Though many new-age banks and fintech firms promise to provide more control to the users, in reality, you are still trusting in them to manage your funds. The objective of DeFi is to give you full control of your assets, and it can because of decentralization and blockchain technology. Also, many developers of financial apps are adopting open-source protocols for trading through decentralized exchanges. The amount of USD locked in DeFi ecosystem is rapidly growing and up to date is over 7 Billion USD defipulse.com DeFi. It is not a trend; it is a fundamental shift in the way that participants engage with the cryptoasset market, and we believe that it has only just begun. Best regards EXCAVO
FTX:DEFIPERPLong
by EXCAVO
25
19.8.2020 - Litecoin (LTC / USD)Hi Traders! In today's analysis, we will look at the LTC / USD pair. The basic question we will discuss today is - has LTC reached its maximum? For analysis, we will use a daily chart. What do we see on it? We can notice that the LTC reached a very strong resistance of USD 68 - 72. Second, we can notice divergences on RSI. The chart made a new high, but the RSI indicator no longer fixed the new high. This means, that this growth is weak. If we wanted to compare the size of wave A and the size of wave C, we would get a ratio of about 1:1, so this condition is also met. We have mentioned 3 reasons why LTC can be at its maximum. Despite the very strong September fundamentals, it does not look good at all with LTC. Until it breaks the USD 72 limit and stays above this value, we are rather pessimistic. Only crossing this limit would predict further growth. However, it will depend on BTC , which leads the entire market. Despite the solid growth of BTC to USD 12.000, we have fallen slightly in recent hours and zeroed whole growth. From a trader's point of view, this chart deserves a correction to at least about USD 56 . Currently, there is no indication that we should overcome this resistance. May the crypto be with you!
BITSTAMP:LTCUSDShort
by DolleroTechnology
5.8.2020 - Binance Coin (BNB / USD)Hi Traders! Today we will look at the exchange coin of the most famous exchange - Binance. We will analyze the BNB / USD trading pair. We chose this pair deliberately, because we have been seeing the potential for evaluation on it for several weeks now, and so far it is developing exactly as expected. The overall target where growth could end is at USD 26.28 - USD 27.55. What do we see on the graph? After a sharp fall, which was recorded in March by all cryptocurrencies and the entire capital market, growth came. Subsequently, we formed a triangle, where the BNB let indicators to cool down and took a second breath. It is extremely important that this coin still holds the trendline as well as high volumes of purchases. If we will break through the white trendline downwards, we would rather end this trade. If that doesn't happen, we'd target the previously mentioned level. This growth is not surprising, as last month the BNB had a so-called coinburn (burning coins). Each quarter, the Binance exchange burns part of its coins, and therefore the amount of BNBs in circulation decreases. This event could also have had a significant effect on rising prices. From a technical point of view, we are currently monitoring the ABC correction, the minimum target of which is based on USD 26.28. May the crypto be with you!
BINANCE:BNBUSDLong
by DolleroTechnology
29.07.2020 - Bitcoin - CME futures Hi Traders! After many weeks of nothing happening, the ices finally broke last week and Bitcoin made a decision and went up. We are currently balancing at $ 11,000. Today, however, I wouldn't like to do a traditional analysis of Bitcoin, but I would like to point out one fundamental thing that isn't much discussed. CME futures is a US stock exchange where Bitcoin is traded. As this is a classic stock exchange, it is common for its gates to be closed over the weekend. However, as you know, cryptocurrencies are also traded over the weekend. If Bitcoin price on the crypto exchanges moves more significantly over the weekend, the CME futures exchange with a "gap" will open on Monday morning. The GAP gives us a price "gap". Why is this important? GAP on CME futures mostly acts like a magnet and in the end it can attract the price. This usually happens in two cases: 1. The GAP shall be completed on the given week of its opening. That would mean we're going under $ 10,000 again this week. 2. The GAP is filled in only after the completion of a certain cycle on Bitcoin. It can be a week, but even a month. CME futures GAPs act as a magnet for the price and in the vast majority they get used to pulling it back. Will it be the same now? May the crypto be with you!
CME:BTC1!
by DolleroTechnology
1
Newscrypto - NWCHi guys , you already know the Newscrypto project Now NWCBTC formed a bullish triangle with a potential break up to 1.272 and 1.618 level Fibonacci July 28 is the partnership disclosure day at Newscrypto Newscrypto will reveal collaboration with finance industry giant that recently confirmed involvement in cryptocurrency space. 500+ million users from 200+ countries will get to know about NWC People can buy NWC with MasterCard Not long ago project integrated PayPal which was also strong FA as can be seen on the chart Best regards EXCAVO
Long
by EXCAVO
9